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August 16, 2009

Britain To Loan Airbus $563 Million To Develop A350

France And Germany Have Also Pledged Financial Support

Britain on Friday agreed to lend Airbus $563 million to develop its A350 long-haul passenger aircraft in a move to create jobs and boost the struggling aerospace sector. The British government said in a statement that it would loan Airbus the equivalent of 394 million Euros  ahead of the A350's launch in 2013.

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Boeing Confirms Work Stoppage At Italian Plant

Facility Builds Two Mid-Fuselage Sections Of The Dreamliner

A production flaw in Dreamliner fuselage sections detected at the Alenia Aeronautica plant in Naples has caused production work to be stopped there, Boeing has confirmed.  Structural weakness in the composite fuselage sections could cause a wrinkling of the material that could lead to "significant degradation".

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Machinists Union Files For Elections At Delta

Union Wants Delta And Northwest To Be Treated As A Single Airline

The International Association of Machinists and Aerospace Workers (IAM) Thursday took the necessary steps to resolve representational issues for 12,700 fleet service, flight simulator technician and plant protection employees at the combined Delta Air Lines and Northwest Airlines.

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Sir Richard Branson Cautions President Obama Against BA, AA Agreement

The Two Airlines Applied To Share Market Data, Fix Schedules One Year Ago

Sir Richard Branson, the founder and President of Virgin Atlantic, has written to the President of the United States, Barack Obama, to warn of what he says are dangers to consumers if British Airways and American Airlines are allowed to effectively merge.

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